Breakdown 12/30/2019 12/30/2018 12/30/2017 12/30/2016

Total Revenue 1,230,593 1,088,205 1,023,513 1,036,273

Cost of Revenue 613,537 528,051 506,292 536,109
Gross Profit 617,056 560,154 517,221 500,164
Operating Expenses 488,407 495,028 494,601 503,174
Selling General and Administr… 488,407 495,028 494,601 503,174
Total Operating Expenses 488,407 495,028 494,601 503,174
Operating Income or Loss 128,649 65,126 22,620 -3,010
Interest Expense 8,636 955 869 836
Total Other Income/Expenses Net -1,292 -295 -4,441 -4,059
Income Before Tax 119,322 65,157 18,180 -7,213
Income Tax Expense -175 14,720 7,942 9,281
Income from Continuing Operati… 119,497 50,437 10,238 -16,494
Net Income 119,497 50,437 10,238 -16,494
Net Income available to commo… 119,497 -69,216 -5,294 -31,738
Basic EPS 1.7 -1.01 -0.07 -0.43
Diluted EPS 1.66 -1.01 -0.07 -0.43
Basic Average Shares 70,357 68,421 72,255 73,809
Diluted Average Shares 71,771 68,421 72,255 73,809
EBITDA 152,171 95,362 52,179 27,666
Breakdown 12/30/2019 12/30/2018 12/30/2017 12/30/2016
Assets 738802 468901 543695 566390
Current Assets 425382 380298 425049 425475
Cash 108253 123367 172128 147565
Cash And Cash Equivalen… 108253 123367 172128 147565
Total Cash 108253 123367 172128 147565
Net Receivables 108199 97627 83518 78297
Inventory 172028 124491 130347 147029
Total Current Assets 425382 380298 425049 425475
Non-current assets 313420 88603 118646 140915
Property, plant and equi… 229633 22211 35032 44090
Gross property, plant an… 309237 103167 126838 132693
Accumulated Depreciati… -79604 -80956 -91806 -88603
Net property, plant an… 229633 22211 35032 44090
Goodwill 1578 1614 1688 1480
Intangible Assets 47095 45690 56427 72700
Other long-term assets 10367 10425 15325 15820
Total non-current assets 313420 88603 118646 140915
Total Assets 738802 468901 543695 566390
Liabilities and stockholders' e… 738802 468901 543695 566390
Liabilities 606897 318593 175397 167106
Current Liabilities 257223 184491 157018 149140
Current Debt - - 676 2338
Accounts Payable 95754 77231 66381 61927
Taxes payable 4207 5089 5515 6593
Accrued liabilities 55634 49244 39789 44931
Deferred revenues 3740 3356 6193 7475
Total Current Liabilities 257223 184491 157018 149140
Non-current liabilities 349674 134102 18379 17966
Long Term Debt 205000 120000 - 40
Other long-term liabilities 4 9446 12298 13462
Total non-current liabi… 349674 134102 18379 17966
Total Liabilities 606897 318593 175397 167106
Stockholders' Equity 131905 150308 368298 399284
Common Stock 104 103 182528 178995
Retained Earnings 240485 121215 190431 195725
Accumulated other compre… -58379 -54652 -43394 -55596
Total stockholders' equity 131905 150308 368298 399284
Total liabilities and stockho… 738802 468901 543695 566390
 Crocs' Income Statement trend analysis
12/30/2019 12/30/2018 12/30/2017 12/30/2016
Total Revenue $ 1,230,593 $ 1,088,205 $ 1,023,513 $ 1,036,273
Trend Amount $ 194,320 $ 51,932 $ (12,760) $ -
Trend percentage 119% 105% 99% 100%

Commn size 100% 100% 100% 100%

Gross Profit $ 617,056 $ 560,154 $ 517,221 $ 500,164

Trend Amount $ 116,892 $ 59,990 $ 17,057 $ -

Trend percentage 123% 112% 103% 100%
Commn size 50% 51% 51% 48%
Net Income $ 119,497 $ 50,437 $ 10,238 $ (16,494)
Trend Amount $ 109,259 $ 40,199 $ - N/M

Trend percentage 1167% 493% 100% N/M

Commn size 10% 5% 1% N/M

Crocs' Balance Sheet trend analysis

12/30/2019 12/30/2018 12/30/2017 12/30/2016
Total Assets $ 738,802 $ 468,901 $ 543,695 $ 566,390

Trend Amount $ 172,412 $ (97,489) $ (22,695) $ -

Trend percentage 130% 83% 96% 100%

Commn size 100% 100% 100% 100%
Net Gross property, plant and equipment $ 229,633 $ 22,211 $ 35,032 $ 44,090
Trend Amount $ 185,543 $ (21,879) $ (9,058) $ -
Trend percentage 521% 50% 79% 100%

Commn size 31% 5% 6% 8%

Retained Earnings $ 240,485 $ 121,215 $ 190,431 $ 195,725

Trend Amount $ 44,760 $ (74,510) $ (5,294) $ -
Trend percentage 123% 62% 97% 100%
Commn size 33% 26% 35% 35%
 Profitability (in million)
12/30/2019 12/30/2018 12/30/2017
Earnings per share (EPS)
Net income $ 119.50 $ 50.44 $ 10.24
Preferred dividends $ - $ 119.65 $ 15.53
Weighted average common shares outstanding
71.77 68.42 72.26
(Diluted Average Shares)
Formula EPS = (Net income - Preferred dividends) /
Weighted average common shares outstanding
EPS $ 1.67 $ (1.01) $ (0.07)
Liquidity (in million)
Current ratio
Current assets $ 425.38 $ 380.3 $ 425.05
Current liabilities $ 257.22 $ 184.49 $ 157.02
Formula Current ratio = Current assets /
Current liabilities
Current ratio 1.65 to 1 2.06 to 1 2.71 to 1
Long-term solvency (in million)
Debt to assets
Total liabilities $ 606.90 $ 318.59 $ 175.40
Total assets $ 738.80 $ 468.90 $ 543.70
Formula Debt to asset = Total liabilities /
Total assets
Debt to assets ratio 0.82 to 1 0.68 to 1 0.32 to 1
Market valuation (in million except for market price per share)
Market capitalization
Market price per share $ 41.5 $ 26.64 $ 12.64
Number of shares outstanding 71.77 68.42 72.26
Formula E/P = Market price per shar * Number of shares
outstanding
Market capitalization $ 2,978.46 $ 1,822.71 $ 913.37
 12/30/2016

$ (16.49)
$ 15.24

73.37

referred dividends) /
on shares outstanding
$ (0.43)

$ 425.48
$ 149.14
urrent assets /
abilities
2.85 to 1

$ 167.11
$ 566.39
otal liabilities /
ssets
0.3 to 1
are)

$ 6.86
73.37
har * Number of shares
ding
$ 503.32
 Crocs' Balance Sheet common-size analysis

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15%
10%
5%
0%
Commn size Commn size Commn size

12/30/2019 12/30/2018 12/30/2017 12/30/2016

 Crocs' Balance Sheet trend
(2016 is the base year)
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30/2016